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Press Release: Cala Corporation
December 22, 2005
TITUSVILLE, FL -- Cala Corporation (trading under the symbol of CCAA), a world-leading company in Timeshare/Fractional
Ownership, Cruise Ship Lifestyle, Ocean Residences and the first Undersea Resort, is pleased to announce that the
company has completed the purchase of the Gaslight mall/office building in downtown Titusville, Florida. The Gaslight
mall/office is part of the downtown historic preservation which is entitled to receives tax credit from either
the city, state or I.R.S. For the past 10 years the property has been 100% leased because it is within walking
distance of the Indian River and due to its unobstructed view of the Kennedy Space Center launch pad. As matter
of fact, during shuttle launches the property is one of the busiest places in America. The company purchased the
property to accommodate the following: Headquarter Office, Naval Architecture and Engineering, Pre-Sales Force,
Marketing & Sales and Merger Acquisition.
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Contact: Cala Corporation Joseph Cala', 321-383-8077 www.undersearesort.com
Source: Cala Corporation